Bybit Unleashes Futures Bot Clash with a 100,000 USDT Prize Pool

3 mins read

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is launching the Futures Bot Clash – a high-stakes showdown where strategy meets automation. With a prize pool of up to 100,000 USDT, participants will battle it out using Bybit’s powerful Futures trading bots, aiming for the top of the leaderboard. The Battle of the Bots Begins Set to run from Feb. 28 to March 31, 2025, the competition offers traders a chance to

President Trump proposes a US Crypto Reserve to strengthen the digital asset sector

1 min read

President Donald Trump announced that XRP, Solana (SOL), and Cardano (ADA) will be part of the US crypto reserve. This announcement followed his signing of an executive order to create a working group focused on digital assets. The group’s goal is to assess the potential for a national digital asset stockpile and to develop clear regulations for the crypto industry. Trump’s initiative responds to what he sees as attacks on

Boerse Stuttgart Digital is helping DekaBank launch crypto trading for institutional clients

2 mins read

Boerse Stuttgart Digital is partnering with DekaBank, a major German investment bank, to help it enter the cryptocurrency trading market. This partnership will provide regulated infrastructure for crypto trading, focusing on institutional clients. It marks a significant move for DekaBank into digital assets. Boerse Stuttgart Digital will ensure secure access to crypto trading through its regulated brokerage solution. This collaboration follows Boerse Stuttgart Digital Custody receiving a full license under

Bank of America’s CEO Brian Moynihan reveals the firm is considering launching a stablecoin

2 mins read

Bank of America’s CEO, Brian Moynihan, announced that the bank is considering launching its own stablecoin. This decision depends on new regulations in the U.S. Moynihan believes that stablecoins could transform the financial industry, similar to how the bank was the first major U.S. bank to launch a mobile app. The regulation of stablecoins is gaining attention. The CFTC is working on a pilot program, and Congress is taking bipartisan

The Ethereum Foundation (EF) announces a major leadership change

1 min read

The Ethereum Foundation (EF) has announced a significant leadership change. Hsiao-Wei Wang and Tomasz Stańczak will become the new co-executive directors. This change follows Aya Miyaguchi’s decision to step down and take on the role of EF’s president. The Ethereum community has been discussing the foundation’s role for several months. Many members have criticized its leadership due to Ethereum’s recent struggles. The price of Ether (ETH) has not performed well

Texas’ Bitcoin Reserve bill moves to the Senate

2 mins read

The Bitcoin Reserve bill in Texas is moving forward after a unanimous 9-0 vote in the Business and Commerce Committee. The bill will now go to the Senate for more discussion and a final vote. The bill’s progress in Texas is a positive step, but it shows the divide among Republican states on Bitcoin Reserve laws. Many states, like Montana, have rejected similar bills, leading to divisions in the crypto

The SEC decides to stop regulating meme coins

1 min read

The SEC has decided to stop regulating meme coins as securities, classifying them instead as collectibles. This is a major change in how U.S. regulators view meme coins. While the SEC will not enforce securities laws on these coins, other agencies like the CFTC may still act against fraud related to them. This decision could lead to more innovation in the meme coin market but raises concerns about potential scams.

The US SEC drops its case against MetaMask

2 mins read

The US SEC has decided to drop its case against ConsenSys, which operates the MetaMask wallet. They no longer believe that the wallet violates securities laws. Joseph Lubin, the CEO of ConsenSys, welcomed this decision. He praised the SEC’s new leadership for being supportive of innovation and investors. This is the sixth case the SEC has dismissed against crypto firms this week, indicating a change in their enforcement strategy. However,

Over $5.8 billion in Bitcoin and Ethereum options set to expire today

1 min read

Today, a large amount of Bitcoin and Ethereum options worth $5.79 billion is set to expire. This includes $4.68 billion in Bitcoin options and $1.11 billion in Ethereum options. Traders are paying close attention to the put-to-call ratios and the max pain points. For Bitcoin, the max pain point is much higher than its current price. This could lead options sellers to push prices up as the expiration date approaches.

Hashlock Finishes a Security Audit for Moonopol, an Exclusive Binary Prediction Market on Solana.

2 mins read

Hashlock, a leader in Web3 security and smart contract auditing, is proud to announce the successful completion of a security audit for Moonopol, a Solana program implemented with Anchor that creates and manages decentralized binary prediction markets, enabling users to place and match both limit and market orders using USDC as collateral. It handles market initialization, order matching via complex PDA-based mechanisms, market resolution, and reward distribution while maintaining strict economic

Blockchain Futurist Conference, Canada’s Largest Web3 Event, Returns to Toronto in May

3 mins read

Blockchain Futurist Conference has confirmed details of its Toronto event on May 13 and released the first tranche of tickets. Returning for its seventh year, Canada’s largest web3 event is poised to attract delegates to hear from leading crypto figures and learn about key industry trends. Lead sponsors including MarketAcross will have a presence at Blockchain Futurist Conference Toronto, which serves as the sister event for a similar gathering scheduled

Bitcoin drops to lows of $82K, dipping to levels seen in November 2024

1 min read

Bitcoin’s price fell over 6% in just 24 hours, dropping below $84,000 on Wednesday. This decline marks its lowest level since November 2024, when Bitcoin had surged due to election-related excitement. The market is currently bearish, according to trader IncomeSharks. The drop in Bitcoin’s value is linked to rising trade war tensions. President Donald Trump announced new tariffs: 25% on Canada and Mexico, 10% on China, and an additional 25%